When people talk about risk many quickly point to cryptocurrency and forex as the biggest risks anyone can take. However this mid-year August 2025 was a real eye opener. For example my wife invested a lot of time and money in beans this year but when the market crashed the losses were heavy. This shows that even physical investments can be just as risky if not more depending on the circumstances.
Personally, when the crypto market emerged, I saw an opportunity for almost guaranteed income through staking.
Here's my personal example: I work in the stock market, where a 20% annual return is considered incredible. In crypto, I was staking stablecoins pegged to the dollar for 20% APY!!!
It sounds like your wife decided to jump straight into crypto and, based on the losses you mentioned, probably chose altcoins instead of Bitcoin. What made your family take on that level of risk right from the start?